Retail and consumer goods industry news

22 January 2013
According to reports in French trade press publication Lineaires, Carrefour has opened a hybrid hypermarket/cash and carry format in Spain with discount prices. Trading under the Supeco banner, the format takes learning from the successful Atacadao format in Brazil. Discrete trial in price conscious market According to reports Carrefour has been testing a family focused cash and carry / hype...
22 January 2013
As the retailer looks to reinvigorate growth in its liquor formats in 2013, Coles has launched a new private label brand into the beer category. Three ales all with their own Aussie personality Coles has entered the craft beer market with the launch of its own private label branded beer. The new Steamrail Brewing Company brand has the slogan of 'Ale with a Tale', claiming that behind every...
22 January 2013
Ocado has announced that Sir Stuart Rose will become chairman from March 2013, taking over from Lord Grade who retires after six years service. High profile return for Sir Stuart Commenting on his appointment, Sir Stuart said: "as retail goes through a fundamental shift into the digital world, I believe Ocado's model and the high standards of customer service it provides will see it emerge ...
22 January 2013
Erivan Karl Haub has resigned as chairman of Tengelmann's advisory board, and two other long-standing board members have also left office, meaning the board no longer includes members of the group's founding family. Replacement chairman yet to be chosen Mr Haub has stepped down upon reaching the age of 80.  He was CEO of the Tengelmann Group for over thirty years until 2002.  The other me...
22 January 2013
India's Reliance Industries Limited announces outstanding results for its retail division with turnover growing over 44% to Rs 7,749 (USD 1.4bn) in the first nine months of the year. Coinciding with this news, the company outlined plans to consolidate its eight retail units. Strengthening its multi-format portfolio The company highlighted a strong start to the festival season and improved pr...
22 January 2013
Carrefour’s franchisee for the Middle East, North Africa and Central Asia, Majid Al Futtaim, has announced that sales through its Retail division rose by 8% during 2012. Sales aided by growth in store numbers During 2012 Majid opened seven hypermarkets and seven supermarkets, bringing its total store base to 90. The new stores helped drive sales growth by 8% to AED17.8 billion. In the compa...
22 January 2013
Walmart Canada has announced plans to invest $450m in completing at least 37 Supercentre projects and expanding its distribution network in 2013. A return to normal growth rates This rate of expansion, which will see Walmart Canada add around 1.4m sq ft of retail space, is fairly consistent with its goal of opening between 35 and 40 new Supercentres each year. These typically include a mi...
21 January 2013
Tesco has launched its latest dotcom only warehouse store in Crawley, as it continues to build home delivery capacity through this format. A growing network delivering improved service The new dark store opened for trade on 21 January adds to those already operational in Aylesford (near Maidstone), Croydon, Edmonton and Greenford. Tesco continues to build its network of dark store wareho...
21 January 2013
Russian retailer O'Key has revealed net retail revenue of RUB115,922m for 2012, up 25.7% year-on-year, and revenue of RUB34,851 for Q4, up 24.5%. Dixy has also reported 2012 figures this week - click here for the details. Delivered on targets set Like-for-like sales were a particular highlight. Good progress in LFL sales throughout the year ended with growth of 7.5% in Q4. Average basket ...
21 January 2013
Discount retailer Aldi has today reported its most successful Christmas ever in the UK, citing the expansion of premium range products as a key sales driver. Premium ranges help drive sales In the 12 weeks to the 23rd December 2012, Aldi's year-on-year sales increased by 30.1% according to Kantar, far faster than any of its competitors, as shoppers responded enthusiastically to its strong v...